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Sold$4,150,000on Aug 27, 2025
4275 48th St, San Diego, Ca 92115
Apartment Realty Group (ARG)
3Beds
3Baths
9,990Sq Ft
49Days Listed
About This Property
6.13% Cap Rate | Value-Add Opportunity with ADU Potential. Well-maintained 16-unit property with strong current income and room to grow. Light renovations can push returns to 7%+. Excellent unit mix: ten 1BD/1BA, four 2BD/1.5BA, and two studios. Six units feature in-unit washer/dryers. Most units updated with laminate flooring, quartz counters, stainless steel appliances, tiled showers, and new cabinetry. Select units include AC. ADU potential for 1–2 additional units. Upside in rents with minimal improvements.
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Property Location
Map
Property Details
- Property Type
- Com-Res Income
- Bedrooms
- 3
- Bathrooms
- 3
- Building Area
- 9,990 Sqft
- Living Area
- 9,990 sqft
- Year Built
- 0
- Stories
- 2.0
- Status
- Sold
- Days on Market
- 49
- Cumulative Days on Market
- 49
- Original Price
- $4,190,000
Location & Neighborhood
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San Diego Market Snapshot
2,715
Active Listings
$849K
Median Price
34
Avg Days on Market
Last updated: Sep 4, 2025
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Jordan A Concepcion, Apartment Realty Group (ARG) · 858-461-9910
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$4,190,000